Ivanhoé caps $1B investment with Montreal Eaton Centre project

Ivanhoé Cambridge says it will invest $200 million to redevelop the downtown Montreal Eaton Centre, including merging it with the neighbouring Complexe Les Ailes shopping centre.

In a release, Ivanhoé says the project “aims to enhance the shopping experience at Quebec’s busiest shopping centre on Sainte-Catherine Street, one of North America’s most well-known commercial streets.”

Between them, the Montreal Eaton Centre and Complexe Les Ailes attract more than 30 million visitors annually, the company says.